2402 Ocean Park Blvd | Santa Monica, CA 90405
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- LoopNet Team
2402 Ocean Park Blvd
Santa Monica, CA 90405
Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Turnkey duplex featuring a vacant REMODELED 3-bed/2-bath unit and a 2-bed/1-bath unit—ideal for owner-users
- Modern comforts include central AC, in-unit laundry, dual-pane windows, and high-efficiency systems
- Prime Sunset Park location near Whole Foods, Trader Joe’s, Clover Park, top-rated schools, and Ocean Park dining—with a high Walk Score
- Fully updated interiors with remodeled kitchens and baths, stainless steel appliances, and recessed lighting
- Recent upgrades: copper plumbing, updated electrical, new water heaters, and improved drain lines
- Ability to build two ADU's, with a pro-forma cap rate of 6.75%!
PROPERTY FACTS
| No. Units | 2 | Building Size | 1,940 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Lot Size | 0.08 AC | Year Built | 1957 |
| Zoning | SMR3* | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.08 AC |
| Building Size | 1,940 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Zoning | SMR3* |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $5,700 | - |
| 2+2 | 1 | $3,872 | - |
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